Komori
Management planning7272Yamaha Motor Co.,Ltd.Automobiles and transportation equipment

Notice Concerning Structural Reform of the OLV Business

The Company will end in-house production of ROVs at its plant in Georgia, United States, and transition to a collaborative business model based on OEM supply from partner companies. In connection with this transition, the workforce will be reduced by approximately 300 people, and management resources will be concentrated on ATVs and golf cars.

Worth reading
21Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
120
¥100 million (one-time costs)
Wording
Conditional
How definitive the wording is.

Items stated in the management plan

Publication date4 August 2026
Operating profitNot disclosed → Achieve profitability in 2028
Only the target level is shown because the current level for comparison was not provided.
Key initiatives
01End in-house production of ROVs and transition to a collaborative business model based on OEM supply from partner companies
02Workforce optimization
03Production system efficiency improvements
04Procurement optimization
Plan assumptionsImpact of changes in the global trade environment and economic conditions, Rising labor, logistics and operating costs in the United States driven by inflation, ROVs are in a growth market, and the Company will strengthen its product offerings for utility applications, which represent a large market
Segment targetSegment name OLV Business / Sales Target Not disclosed / Profit Target Achieve profitability in 2028
Non-financial targetsIndicator name Reduction in regular employees / Target value Approximately 200 people / Timing Not disclosed, Indicator name Workforce adjustment / Target value Approximately 300 people in total / Timing Not disclosed
Risks identified by the company
Changes in the global trade environment
Changes in economic conditions
Rising labor, logistics and operating costs in the United States
Insufficient coverage of utility applications for ROVs
Intensifying competition in the LSM business
Sluggish demand in the LSM business
Reason for revision or withdrawal

The Company determined that more fundamental measures were needed to resolve the structural issues

Items stated in the management plan
ItemDetails
Operating profit targetNot disclosed → Achieve profitability in 2028
Segment targetSegment name OLV Business / Sales Target Not disclosed / Profit Target Achieve profitability in 2028
Non-financial targetsIndicator name Reduction in regular employees / Target value Approximately 200 people / Timing Not disclosed, Indicator name Workforce adjustment / Target value Approximately 300 people in total / Timing Not disclosed
Plan assumptionsImpact of changes in the global trade environment and economic conditions, Rising labor, logistics and operating costs in the United States driven by inflation, ROVs are in a growth market, and the Company will strengthen its product offerings for utility applications, which represent a large market
Key initiativesEnd in-house production of ROVs and transition to a collaborative business model based on OEM supply from partner companies, Workforce optimization, Production system efficiency improvements, Procurement optimization
Reason for revision or withdrawalThe Company determined that more fundamental measures were needed to resolve the structural issues
Risks identifiedChanges in the global trade environment, Changes in economic conditions, Rising labor, logistics and operating costs in the United States, Insufficient coverage of utility applications for ROVs, Intensifying competition in the LSM business, Sluggish demand in the LSM business
Publication date4 August 2026
Items this document does not state (17)
Plan namePlan periodProgress against the planSales TargetOperating profit margin targetNet income targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorResults under the previous planSize of the Target MarketDate of board resolution

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To improve profitability and capital efficiency in pursuit of sustainable growth and enhanced corporate value. The Company determined that more fundamental measures were needed to address structural issues, including insufficient coverage of utility applications for ROVs, intensifying competition and sluggish demand in the LSM business, changes in the global trade environment and economic conditions, and rising labor, logistics and operating costs in the United States.

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Notice Concerning Structural Reform of the OLV Business | Yamaha Motor Co.,Ltd. (7272) timely disclosure | Komori